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<h1>Industries under 1997 & 2007 policies retain full exemption benefits pending Apex Court challenge.</h1> <h3>SHREE SAI VAMIKA INDUSTRIES Versus UNION OF INDIA</h3> The High Court of Gauhati ruled that industries established under the 1997 and 2007 policies will retain full exemption benefits as per the relevant ... Continuation of Order passed - no stay order obtained - benefit of exemption - Held that:- Though Special Leave Petition was filed, the respondents have not obtained any stay order and, as such, the order in question still operates - all the industries set up pursuant to the policy of 1997 and 2007 shall continue to enjoy the benefits of full exemption as per the policy and the notifications - petition disposed off. The High Court of Gauhati ruled that industries set up under the policies of 1997 and 2007 will continue to receive full exemption benefits as per the policy and notifications. The court noted that the order in question still stands as the department's challenge is pending before the Apex Court. The writ petition was disposed of accordingly.